Ready Now Bridgeport
12408 OAK HILL WAY Parrish, FL 34219
12408 OAK HILL WAY, Parrish, FL, 34219
$309,990
For Sale
$309,990
Move-in ready villa in resort-style Parrish community.
Property Size1,534 SF
Lot Size0.10 Acres
Price / SF$202.08
Days on Market743
Property Features for 12408 OAK HILL WAY
General Information
- Standard status
- Active
- Size
- 1,534 SF
- Lot size
- 0.10 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2024
Listing Agency
HOMES BY WESTBAY REALTY
(813) 438-3838
Listed by
Keri Albritton · License #680317
(813) 438-3838
Source
Exitrealty
Added: Jul 5, 2024 Checked: Jul 17 at 3:41 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOMES BY WESTBAY REALTY
Investment Insights
Based on property information with market context.
This Bridgeport paired-villa floorplan offers a turnkey and low-maintenance lifestyle. The 3-bedroom home features Sonoma Duraform Stone cabinets, Frost Whte MSI Quartz counter-tops, and Resolute Plus Silo Pine LVP flooring. It includes tall vaulted ceilings, a covered lanai, and a two-car garage. Located in Crosswind Point, a 230-acre resort-style community near US-301 and I-75 in Parrish, FL, the property offers scenic water and conservation views. Community amenities include a pool and cabana amenity center. The location provides convenient access to downtown St. Petersburg and downtown Sarasota (30 minutes), and downtown Tampa (40 minutes). The property size is 1534 square feet.
Key Highlights
- Quick Move‑In: Ready Now, new construction (2024).
- Enjoy a low‑maintenance lifestyle in a paired‑villa floorplan.
- Resort‑style community (Crosswind Point) with pool and cabana.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.7k | $23.28 |
| − Vacancy | −$2.0k | −$1.28 |
| EGI | $33.7k | $22.00 |
| − OpEx | −$15.2k | −$9.90 |
| NOI | $18.6k | $12.10 |
1,534 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$265.2K
$232.0K – $309.4K
NOI $18,561 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$451.1K
$394.7K – $526.3K
NOI $31,577 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Residential income property - Move-in ready villa in resort-style Parrish community.
Where is this residential income property located?
The property is located at 12408 OAK HILL WAY Parrish, FL.
What is the asking price?
The asking price for this property is $309,990.
What are key features of this property?
This property features: Quick Move‑In: Ready Now, new construction (2024).; Enjoy a low‑maintenance lifestyle in a paired‑villa floorplan.; Resort‑style community (Crosswind Point) with pool and cabana.
